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Nonprofiteer
← RBN FOUNDATION

Form 990 for tax year 2023

Filed by RBN FOUNDATION.

Totals

Total revenue
$2,100,008
Total expenses
$2,152,857
Contributions and grants received
$2,100,000
Grants paid
$1,854,150
Program service revenue
$0
Investment income
$8
Other revenue
$0
Total assets, end of year
$33,767
Total liabilities, end of year
$36,598
Net assets or fund balances, end of year
-$2,831
Program services expenses (Part IX)
$1,854,150
Management and general expenses
$298,707
Fundraising expenses
$0
Program service expenses (Part III)
$1,854,150

Program services were 86.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,100,000

  • 3 · Investment income

    total $8 · excluded $8

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,754,150 · program services $1,754,150

  • 3 · Grants to foreign organizations and individuals

    total $100,000 · program services $100,000

  • 7 · Other salaries and wages

    total $61,363 · management and general $61,363

  • 9 · Other employee benefits

    total $3,790 · management and general $3,790

  • 10 · Payroll taxes

    total $4,941 · management and general $4,941

  • 11b · Fees: legal

    total $34,877 · management and general $34,877

  • 11g · Fees: other

    total $103,304 · management and general $103,304

  • 13 · Office expenses

    total $1,045 · management and general $1,045

  • 17 · Travel

    total $71,794 · management and general $71,794

  • 19 · Conferences, conventions and meetings

    total $1,400 · management and general $1,400

  • 24a · Other expenses: SUPPORT ORG ADMIN FEE

    total $12,000 · management and general $12,000

  • 24b · Other expenses: GIFTS

    total $3,088 · management and general $3,088

  • 24c · Other expenses: PAYROLL SERVICE FEES

    total $770 · management and general $770

  • 24d · Other expenses: CREDIT CARD FEES

    total $335 · management and general $335

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $50,018 · end of year $33,767

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $34,404

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $2,194

  • 27 · Net assets without donor restrictions

    beginning of year $50,018 · end of year -$2,831

Mission and programs · 2023

Mission

THE RBN FOUNDATION'S MISSION IS TO PROVIDE LEADERSHIP AND RESOURCES TO INNOVATIVE ENTREPRENEURIAL ORGANIZATIONS THAT ELEVATE THE DIGNITY OF THE HUMAN PERSON AS THE FOUNDATION OF A MORAL SOCIETY.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • DURING 2023, THE FOUNDATION MADE GRANTS TO SEVERAL MISSION-ALIGNED ORGANIZATIONS.

    Expenses $1,854,150 · Grants $1,854,150

As filed on the 2023 return.

Listed in Part VII

  • Robert J Neal

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10

  • Bernarda A Neal

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10

  • Dennis J Gerber Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 40 related

  • Anthony V Minopoli

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Thomas D Heule

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202413199349302391

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.